Handysize bulkers sold for scrap while more ships being circulated for recycling
https://www.lloydslist.com/LL1153289/Handysize%20bulkers%20sold%20for%20scrap%20while%20more%20ships%20being%20circulated%20for%20recycling?utm_source=search&utm_medium=RSS&utm_term=&utm_campaign=search_rss

Two elderly handysize bulkers and a 2003-built chemical tanker sold for recycling in the past week

 Related StoriesDaily Briefing 29 April 2025 (https://www.lloydslist.com/LL1152013/Daily%20Briefing%2029%20April%202025?utm_source=search&utm_medium=RSS&utm_term=&utm_campaign=search_rss)CEVA Logistics acquires Türkiye’s Borusan Tedarik in $440m deal (https://www.lloydslist.com/LL1153290/CEVA%20Logistics%20acquires%20Trkiyes%20Borusan%20Tedarik%20in%20%24440m%20deal?utm_source=search&utm_medium=RSS&utm_term=&utm_campaign=search_rss)Capital Group inks $1.2bn of containerships with HD KSOE (https://www.lloydslist.com/LL1153287/Capital%20Group%20inks%2012bn%20of%20containerships%20with%20HD%20KSOE?utm_source=search&utm_medium=RSS&utm_term=&utm_campaign=search_rss) 

Transpacific trade caught in US-China ‘pressure test’, but hopes for recovery remain
https://www.lloydslist.com/LL1153291/Transpacific%20trade%20caught%20in%20USChina%20pressure%20test%20but%20hopes%20for%20recovery%20remain?utm_source=search&utm_medium=RSS&utm_term=&utm_campaign=search_rss

Caught in the crossfire of escalating US-China tariffs, transpacific shipping lines are slashing sailings and bracing for ‘Covid-like’ supply shortages...

 Related StoriesTimor-Leste and Oman latest safe havens for sanctioned vessels (https://www.lloydslist.com/LL1153292/Timor-Leste%20and%20Oman%20latest%20safe%20havens%20for%20sanctioned%20vessels?utm_source=search&utm_medium=RSS&utm_term=&utm_campaign=search_rss)The week in charts: Most shipping can avoid US port fees but Cosco faces major challenge | Flag hopping hits unprecedented levels | Höegh prepares for USTR port levy hit (https://www.lloydslist.com/LL1153285/The%20week%20in%20charts%20Most%20shipping%20can%20avoid%20US%20port%20fees%20but%20Cosco%20faces%20major%20challenge%20%20Flag%20hopping%20hits%20unprecedented%20levels%20%20Hegh%20prepares%20for%20USTR%20port%20levy%20hit?utm_source=search&utm_medium=RSS&utm_term=&utm_campaign=search_rss)The week in newbuildings: boxship sector dominates activity (https://www.lloydslist.com/LL1153281/The%20week%20in%20newbuildings%20boxship%20sector%20dominates%20activity?utm_source=search&utm_medium=RSS&utm_term=&utm_campaign=search_rss) 

Timor-Leste and Oman latest safe havens for sanctioned vessels
https://www.lloydslist.com/LL1153292/Timor-Leste%20and%20Oman%20latest%20safe%20havens%20for%20sanctioned%20vessels?utm_source=search&utm_medium=RSS&utm_term=&utm_campaign=search_rss

The vessels have reflagged with these registries over the past two months

 Related StoriesTranspacific trade caught in US-China ‘pressure test,’ but hopes for recovery remain (https://www.lloydslist.com/LL1153291/Transpacific%20trade%20caught%20in%20USChina%20pressure%20test%20but%20hopes%20for%20recovery%20remain?utm_source=search&utm_medium=RSS&utm_term=&utm_campaign=search_rss)The week in charts: Most shipping can avoid US port fees but Cosco faces major challenge | Flag hopping hits unprecedented levels | Höegh prepares for USTR port levy hit (https://www.lloydslist.com/LL1153285/The%20week%20in%20charts%20Most%20shipping%20can%20avoid%20US%20port%20fees%20but%20Cosco%20faces%20major%20challenge%20%20Flag%20hopping%20hits%20unprecedented%20levels%20%20Hegh%20prepares%20for%20USTR%20port%20levy%20hit?utm_source=search&utm_medium=RSS&utm_term=&utm_campaign=search_rss)The week in newbuildings: boxship sector dominates activity (https://www.lloydslist.com/LL1153281/The%20week%20in%20newbuildings%20boxship%20sector%20dominates%20activity?utm_source=search&utm_medium=RSS&utm_term=&utm_campaign=search_rss) 

Daily Briefing 29 April 2025
https://www.lloydslist.com/LL1152013/Daily%20Briefing%2029%20April%202025?utm_source=search&utm_medium=RSS&utm_term=&utm_campaign=search_rss

Transpacific trade caught in US-China ‘pressure test’, but hopes for recovery remain | Most shipping lines can avoid US port...

 Related StoriesHandysize bulkers sold for scrap while more ships being circulated for recycling (https://www.lloydslist.com/LL1153289/Handysize%20bulkers%20sold%20for%20scrap%20while%20more%20ships%20being%20circulated%20for%20recycling?utm_source=search&utm_medium=RSS&utm_term=&utm_campaign=search_rss)CEVA Logistics acquires Türkiye’s Borusan Tedarik in $440m deal (https://www.lloydslist.com/LL1153290/CEVA%20Logistics%20acquires%20Trkiyes%20Borusan%20Tedarik%20in%20%24440m%20deal?utm_source=search&utm_medium=RSS&utm_term=&utm_campaign=search_rss)Capital Group inks $1.2bn of containerships with HD KSOE (https://www.lloydslist.com/LL1153287/Capital%20Group%20inks%2012bn%20of%20containerships%20with%20HD%20KSOE?utm_source=search&utm_medium=RSS&utm_term=&utm_campaign=search_rss) 

Korea Development Bank to Sell Shares in Hanwha Ocean
https://www.marinelink.com/news/korea-development-bank-sell-shares-hanwha-525108

South Korea's state-run Korea Development Bank plans to sell its shares in Hanwha Ocean, Maeil Business Newspaper reported on Monday.KDB plans to split its 19.5% shares in the shipbuilder into multiple block sales, after a bookbuilding from Monday…

Greek Shippers Return to Russian Oil Market as Prices Slip Below G7 Cap
https://www.marinelink.com/news/greek-shippers-return-russian-oil-market-525109

Greek shipowners are returning to Russia's Urals oil market as the price slides below the Western price cap of $60 per barrel, allowing them to provide transport and insurance services while complying with sanctions, three trading sources said.The…

Veson Nautical: US Port Fees May Disrupt Dry Bulk Trade and Vessel Availability
https://www.marinelink.com/news/veson-nautical-us-port-fees-may-disrupt-525111

Recent discussions on tariffs have largely overlooked the potential implementation of the Office of the United States Trade Representative (USTR)’s port fees on Chinese-built vessels. This fee, which could reach up to $3.5 million per port call…

CMA CGM Welcomes its First Indian Flagged Vessel at Nhava Sheva Free Port Terminal
https://www.marinelink.com/news/cma-cgm-welcomes-first-indian-flagged-525113

The CMA CGM Group welcomed the arrival of the first Indian flagged containership registered by a major foreign carrier, CMA CGM Vitoria, at Nhava Sheva Free port Terminal on April 28, 2025, in the presence of Honourable Minister of State for Ministry of Ports…

Artemis Technologies, Noatum Maritime to Purchase Electric Foiling Pilot Boat for UAE Operations
https://www.marinelink.com/news/artemis-technologies-noatum-maritime-525114

Artemis Technologies, a leader in commercial electric foiling vessels, has entered an agreement with Noatum Maritime, part of AD Ports Group’s Maritime & Shipping Cluster, to purchase an electric Artemis EF-12 Pilot boat to operate in the United…

South Korean firms seek LNG cargo for June delivery
https://www.hellenicshippingnews.com/south-korean-firms-seek-lng-cargo-for-june-delivery/

South Korean firms Korea Midland Power Co (KOMIPO), Korea Southern Power Co (KOSPO) and SK subsidiary PRISM Energy International have issued a tender for one liquefied natural gas (LNG) cargo for delivery in June. According to a tender issued by KOMIPO, which is leading the tender process, the buyers are seeking 3-3.6 trillion British thermal ...

Dalian Iron Ore Edges Lower Amid Possibility of Chinese Steel Output Cuts
https://www.hellenicshippingnews.com/dalian-iron-ore-edges-lower-amid-possibility-of-chinese-steel-output-cuts/

Iron ore futures prices fell on Monday, weighed down by the likelihood of China cutting crude steel output, although losses were capped by a continued rise in demand for the steelmaking ingredient. The most-traded September iron ore contract on China’s Dalian Commodity Exchange (DCE) ended daytime trade 0.49% lower at 710.5 yuan ($97.32) a metric ...

West Africa to China – Capesize’s most significant opportunity?
https://www.hellenicshippingnews.com/west-africa-to-china-capesizes-most-significant-opportunity/

Through our dry bulk flow tool, we have identified changing trends in the trade of bulk raw materials from the West Coast of Africa to China. In particular, bauxite flows have surged, driven by China’s growing aluminium production, leading to a greater need for capesize vessels. As raw material sourcing fluctuates, this tool enables valuable ...